Legislation has been approved opening the way for a new agency to develop and manage South Africa’s water infrastructure and attract financing for new projects. The Presidency says the State-owned... 

A bottle of bubbly being smashed against the side of the Sepelong, one of five new tugboats christened at a ceremony held at the Port of Durban earlier this month. The vessels form part of Transnet... 

Southern Africa’s El Niño-induced drought will mean that the region will need to import at least an additional three-million tons of maize in the coming months, the Famine Early Warning Systems... 

A new Rockefeller Foundation report warns that the world’s 72 most energy-poor nations, of which 44 are in Africa, will need to deploy 8 700 terawatt-hours of clean energy production yearly, or... 

Following is failed attempt to take over Anglo American in a deal primarily driven by copper, BHP has announced a joint venture with Lundin Mining to buy copper miner Filo. Besides each taking a... 

Zambia’s yearly copper production will grow more than 40% to 1 million tons in 2027, the country’s Finance Ministry has reported. Zambia’s copper output hit a 14-year low of 698 566 t in 2023 as... 

Germany’s H2Global has agreed to import green ammonia, produced from green hydrogen, from Egypt in a bid to accelerate Europe’s energy transition. H2Global will buy at least 259 000 t of the... 

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 

Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes... 

The global market for liquefied natural (LNG) gas faces supply uncertainty from factors including sanctions on Russian fuel, aging plants and attacks on vessels in the Red Sea, the International... 

The head of the Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in... 

Volkswagen South Africa (VWSA) is sceptical about South Africa’s plans to produce electric vehicles for export to developed markets and is instead focusing on sustaining outlets for its internal... 

The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its... 

An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern... 

The gold price is extremely sensitive to global developments and to newsflow, and the strong upward momentum in the price of the precious metal during 2024 has been underpinned by geopolitical... 

The International Monetary Fund (IMF) estimates that the reintroduction of a gasoline subsidy in Nigeria could consume almost half of the country’s projected oil revenue this year. President Bola... 

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are... 

Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the... 

Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since... 

The Democratic Republic of Congo (DRC) overtook Peru as the world's second largest copper producer in 2023, Reuters reports, while noting that it still lagged the South American country in exports.... 

The US is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo told... 

The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity... 

The International Monetary Fund is urging the Nigerian government to urgently address growing food insecurity, amid surging food-price inflation and a steep hike in interest rates, implemented by... 

The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond... 

Luxury carmaker BMW has unveiled its BMW iX5 in South Africa, with the aim of showcasing the vehicle’s combined long range and short refuelling times. The BMW iX5‘s 6 kg of hydrogen allows for a... 

Zimbabwe may back its currency with gold to end exchange-rate instability, Finance Minister Mthuli Ncube announced earlier this month. “In order to manage growth of liquidity, we may link the... 

Egypt’s Suez Canal revenue plunged by almost half in January after attacks by Houthi militants on Red Sea vessels forced major shipping firms to avoid the waterway. Income was about $428-million... 

There are slight echoes of South Africa’s Eskom in Taiwan, where the precarious financial state of the country’s sole electricity utility, Taipower, is threatening the island’s clean energy... 

s many countries, including South Africa and a highly divided US, prepare for elections in 2024, there is concern that Artificial Intelligence (AI) tools could be used to spread disinformation.... 

Recent hostilities in the Red Sea have added to the risks that global shippers will have to navigate in 2024. Reuters reports that they also face the prospect of significant disruptions from other... 

China has lowered duties on South Africa’s rooibos tea to 6% from a range of 15% to 30%, the Department of Trade, Industry and Competition reported earlier this month. The industry produces...